25 Reasons Why Detroit Is On The Verge Of An Epic Comebackhttp://www.businessinsider.com/things-going-right-for-detroit-2013-6/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Thu, 22 Feb 2018 00:29:31 -0500Rob Wilehttp://www.businessinsider.com/c/51c7e400ecad042606000025Man Of SinMon, 24 Jun 2013 02:15:28 -0400http://www.businessinsider.com/c/51c7e400ecad042606000025
I mean there is only one way to go and that is up, right? Except the same public that let Detroit fall in the first place is really the only demographic still around.http://www.businessinsider.com/c/51c1f26becad042357000007LolWed, 19 Jun 2013 14:03:23 -0400http://www.businessinsider.com/c/51c1f26becad042357000007
Wow. The last image with the cranes is taken from across the river in Windsor, Canada. and the crane is in the foreground so it is obviously in Windsor, not Detroit. Big difference.http://www.businessinsider.com/c/51c0e8e06bb3f7a66a000010KMGTue, 18 Jun 2013 19:10:24 -0400http://www.businessinsider.com/c/51c0e8e06bb3f7a66a000010
I'd also like to add to my original point Detroit needs a tax base people fund the tax base, no people no growth. The city is not even business attractive. Cheap rent isn't going to cut it. No major company form out site the state of Michigan will want to relocate to Detroit ,Detroit NOT TROY NOT LANSING BUT DETROIT if the biggest problems (crime, schools,ect) are not taken care of.http://www.businessinsider.com/c/51c0e776ecad04fc5a00001eKMGTue, 18 Jun 2013 19:04:22 -0400http://www.businessinsider.com/c/51c0e776ecad04fc5a00001e
"The Auto industry is booming"? All this means is then next time Detroit goes through a down economic cycle Detroit will suffer the most again. We have seen that movie before we know very well how it ends. What Detroit needs is MORE INDUSTRY! All the cites that are sustainable have more than one major industry, diversification.http://www.businessinsider.com/c/51c0aa9569bedd1a61000005Hmmmm...Tue, 18 Jun 2013 14:44:37 -0400http://www.businessinsider.com/c/51c0aa9569bedd1a61000005
That photo of the crane is in Canada.http://www.businessinsider.com/c/51bfc0b5ecad04453500000eWarrenW22Mon, 17 Jun 2013 22:06:45 -0400http://www.businessinsider.com/c/51bfc0b5ecad04453500000e
Was thinking the exact same thing lolhttp://www.businessinsider.com/c/51bf257eeab8ea4c1800000eMeghanMon, 17 Jun 2013 11:04:30 -0400http://www.businessinsider.com/c/51bf257eeab8ea4c1800000e
Love the premise of this article, being born and bred in the Detroit area. The last photo though is shot from the Canadian side of the river ... thus the crane is over there and not in Detroit.http://www.businessinsider.com/c/51bf208f69beddcc7a000009rhoneymanMon, 17 Jun 2013 10:43:27 -0400http://www.businessinsider.com/c/51bf208f69beddcc7a000009
this confuses the lines between detroit and the suburbs, using data for the msa whenever it suits the author. unfortunately, the core problem in detroit is the need to maintain and protect an infrastructure designed for a tax base of upwards of two million people, while suffering a population less than 40% that size. and, the population is a poor population, without the income or wealth to provide tax revenues necessary to keep the city running.
i don't know what the solution looks like nor what the future holds for detroit, the corporate entity. but i am not holding out much hope that city retirees are going to lose almost everything.http://www.businessinsider.com/c/51be78a3eab8ea8c3d000004west villagerSun, 16 Jun 2013 22:46:59 -0400http://www.businessinsider.com/c/51be78a3eab8ea8c3d000004
You're right that there is a lot of new construction in greater downtown Detroit but the picture you used is of a crane in Windsor, Ontario. Just sayin.http://www.businessinsider.com/c/51bdb397ecad04805c0000b8Alan StammSun, 16 Jun 2013 08:46:15 -0400http://www.businessinsider.com/c/51bdb397ecad04805c0000b8
Detroit news site (DeadlineDetroit dot com) posts commentary on this report.
Spoiler: It's critical.http://www.businessinsider.com/c/51bb5d6469bedd321f00000aBI is BSFri, 14 Jun 2013 14:13:56 -0400http://www.businessinsider.com/c/51bb5d6469bedd321f00000a
Detroit just defaulted today. Another crack article from BI.http://www.businessinsider.com/c/51bb4d68ecad043159000011Hard to tellFri, 14 Jun 2013 13:05:44 -0400http://www.businessinsider.com/c/51bb4d68ecad043159000011
As someone who lived in the area (Important word there: lived. There isn't much reason to stay), I hope Detroit does comeback. This list should have focused on the 4 or 5 good points it made (auto industry resurgence, Dan Gilbert investment). The other "signs" are really kind of pathetic. When a hometown celeb has to donate his own money to save a local monument, it isn't a sign of a recovery, it's a sign of the opposite.http://www.businessinsider.com/c/51bb4d216bb3f76f66000001Duh2Fri, 14 Jun 2013 13:04:33 -0400http://www.businessinsider.com/c/51bb4d216bb3f76f66000001
I will believe it if you move to Detroit Rob - inside the city limits, too, not Auburn Hillshttp://www.businessinsider.com/c/51bb4c8e69bedd5c7a00000bJJ Fri, 14 Jun 2013 13:02:06 -0400http://www.businessinsider.com/c/51bb4c8e69bedd5c7a00000b
<a href="http://criticaldetroit.org/category/new-projects/" target="_blank" rel="nofollow" >http://criticaldetroit.org/category/new-projects/</a>
<a href="http://detroit.curbed.com/tags/detroit-new-construction" target="_blank" rel="nofollow" >http://detroit.curbed.com/tags/detroit-new-construction</a>
<a href="http://detroit.curbed.com/archives/2013/06/detroit-river-is-clean-and-bringing-downtown-the-green.php" target="_blank" rel="nofollow" >http://detroit.curbed.com/archives/2013/06/detroit-river-is-clean-and-bringing-downtown-the-green.php</a>
<a href="http://www.modeldmedia.com/devnews/waynestatebiomedicalresearch103012.aspx" target="_blank" rel="nofollow" >http://www.modeldmedia.com/devnews/waynestatebiomedicalresearch103012.aspx</a>
But you're right.. There is a lot more rehabs than new construction.http://www.businessinsider.com/c/51bb422deab8ea803400003dBWAFri, 14 Jun 2013 12:17:49 -0400http://www.businessinsider.com/c/51bb422deab8ea803400003d
That final picture with the crane and the RenCen in the background, stating just a few years ago would you have ever seen cranes here. Too bad that crane is in Windsor! It is clearly on the otherside of the river then Detroit. BusinessInsider get your act together if you're going to make a point.http://www.businessinsider.com/c/51bb41cc6bb3f76a4e00001bJames1Fri, 14 Jun 2013 12:16:12 -0400http://www.businessinsider.com/c/51bb41cc6bb3f76a4e00001b
Hahaha. You guys at BI often have incredible timing. Just posted over at ZeroHedge:
<a href="http://www.zerohedge.com/news/2013-06-14/detroit-default-today" target="_blank" rel="nofollow" >http://www.zerohedge.com/news/2013-06-14/detroit-default-today</a>
"DETROIT TO DEFAULT ON CERTIFICATES OF PARTICIPATION DUE TODAY"http://www.businessinsider.com/c/51bb30f169bedd293800003frbwFri, 14 Jun 2013 11:04:17 -0400http://www.businessinsider.com/c/51bb30f169bedd293800003f
City leadership is strong? Wow, if that's strong the bar must be low. The city council is one of the most inept and incapable bodies I've ever seen. The mayor decided not to run for re-election and the most qualified candidate to succeed him was just taken off the ballot through a series of lawsuits filed over whether he held residency in the city long enough. And we'll see how the meeting today with creditors of the city goes as far as taking haircuts is concerned. I'd love to see the city figure it out, but I've lived in the area for 18yrs and I'm a bit skeptical.http://www.businessinsider.com/c/51bb2f1669beddca39000010Joey DFri, 14 Jun 2013 10:56:22 -0400http://www.businessinsider.com/c/51bb2f1669beddca39000010
The City of Detroit is poised for a rebirth. There is a meeting with Creditors today to exchange debt for pennies on the dollar.... The city will be debt free. The rich in the area are pooring money into the city. And young people have began moving back into the city. Give it 5 years. All the buildings are empty there... Its all about cleaning it up and renovating what is there. These people don't give up. I've never seen anything like it.http://www.businessinsider.com/c/51bb2ba6eab8ea660f000015Dennis954Fri, 14 Jun 2013 10:41:42 -0400http://www.businessinsider.com/c/51bb2ba6eab8ea660f000015
Most of the economic improvement is occurring in Oakland County, not in the city Detroit itself. Besides, if the city is on the verge of an "epic comeback", why is Orr, the state appointed manager, holding a meeting today with creditors in a last ditch effort to avoid Chapter 9 bankruptcy filing?http://www.businessinsider.com/c/51bb1b8ceab8ea6168000035quadsFri, 14 Jun 2013 09:33:00 -0400http://www.businessinsider.com/c/51bb1b8ceab8ea6168000035
Quick geography lesson for you.... because apparently even google maps is too hard to find in the BI fact checking division of mediocrity. The picture of the crane is from CANADA, in CANADA, with Detroit in the background.
Good job checking into that one.
Go find me a picture of new construction *IN* Detroit, and we'll talk.http://www.businessinsider.com/c/51bb164b69bedd2005000005OkeedokeeFri, 14 Jun 2013 09:10:35 -0400http://www.businessinsider.com/c/51bb164b69bedd2005000005
It must be. Or the author is clueless.
"In 2003, there were more than 18,000 incidents of violent crime reported. A decade later, there are just 15,000."
In the last decade the overall population of Detroit fell 22%. It seems to me that simple math dictates that crime is actually going up. 22% fewer residents, but only 15% fewer crimes. And let's be realistic. Detroit itself (not the suburbs, but the actual core city) will never rebound until it is feasible for any family, regardless of race, income, etc. to LIVE in the city. By that I mean shop (one Whole Foods doesn't count. The rest of Detroit doesn't have a single national chain grocery store), work, send their kids to public schools, etc. And have you looked at taxes in Detroit? Real estate taxes are astronomical for what a house costs, add in a city income tax, and it's no wonder the suburbs are the place to live.http://www.businessinsider.com/c/51bb147d6bb3f72d78000017DWFri, 14 Jun 2013 09:02:53 -0400http://www.businessinsider.com/c/51bb147d6bb3f72d78000017
IF..there is a comeback ahead for detroit its because of the talent and the space. alot of engineering talent there and office space is cheeeep! the big problem is.....if it does roar back, the kwame's of the city will take it over again because "its our city, da peeepl's city"...............and run it right back into the toilet.http://www.businessinsider.com/c/51bb13e6eab8ea8a55000032Dean WormerFri, 14 Jun 2013 09:00:22 -0400http://www.businessinsider.com/c/51bb13e6eab8ea8a55000032
Love Detroit. Got family there. Lived there in the '80s. Gotta hand it to the locals, they are doing everything they can to not let it die. That said. I've been hearing this story for 20 years. Detroit is all about manufacturing and this country aint about manufacturing anymore. Hasn't been for 20 years and may never be again. Sad and wrong as that may be.http://www.businessinsider.com/c/51bb12a6ecad04726400005eJaydeeFri, 14 Jun 2013 08:55:02 -0400http://www.businessinsider.com/c/51bb12a6ecad04726400005e
HAHAHAHAHAHAHAHAHAHAHAHA
Joke post right?